BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Jubilant BioSys Ltd. Announces Drug Discovery Alliance in Neuroscience


6/28/2011 7:45:09 AM

NOIDA, India, June 28, 2011 /PRNewswire/ --


Jubilant Discovery Services Inc., Bedminster, New Jersey, a Jubilant Life Sciences Company, announced today that it has entered into a drug discovery alliance with Janssen Pharmaceutica N.V., Beerse, Belgium, that will aim to deliver preclinical candidates to Janssen. The alliance is set to span an initial period of 3 years and will focus on multiple targets in the area of neuroscience.

Under the terms of the alliance agreement, Janssen will transfer ongoing efforts on selected drug discovery targets to Jubilant. Jubilant shall then carry out the research services and deliver preclinical candidates to Janssen for possible further development and commercialization. In addition to receiving research funding, Jubilant may also be eligible to receive milestones and royalties should Janssen successfully develop and commercialize the candidates.

Commenting on this development, Sri Mosur, CEO & President, Global Drug Discovery & Development, Jubilant, said: "We are very pleased to collaborate with Janssen, a world leader in pharmaceutical research and commercialization. The collaborationwill utilize Jubilant's global research network to include our new research facility in theUSfocused in the area of neuroscience, in addition to our India-based research centers. We look forward to enhancing the research and development efforts at Janssen through this unique and creative alliance in these dynamic times in the industry."

About Jubilant

Jubilant Discovery Services is New Jersey based US subsidiary of Jubilant Biosys Ltd, a Jubilant Life Sciences Company. It will focus on providing Target Validation and Screening solutions to its global collaborators and more significantly in real time for the US based collaborators. The facility will integrate its activities with R&D facilities of Jubilant in India as well as of its US collaborators to support Lead Generation and Target validation efforts. Staffed with personnel with screening expertise, it will focus in areas of Ion channels, EPHys and screening platforms in GPCR's and Kinases.

Jubilant Life Sciences Limited is an integrated Pharma and Life Sciences Company. It is the largest Custom Research and Manufacturing Services (CRAMS) player and a leading Drug Discovery and Development Solution (DDDS) provider out of India. The Company provides Life Sciences products and services across the value chain. With 10 world-class manufacturing facilities and a team of ~ 5700 multicultural people across the globe, the Company is committed to deliver value to its customers spread across 70 countries. The Company is well recognized as a 'Partner of Choice' by leading life sciences companies worldwide.

For more info: http://www.jubl.com

Contact for Business Queries
narendra_kumar@jubilantbiosys.com
+919611104886


SOURCE Jubilant Discovery Services Inc.



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES